Article Related To Riza Shahriz Abdul Aziz

1MDB withdraws its suit against Riza Shahriz for the alleged misappropriation of USD 248 million to finance movies and real estate.

The High Court today allowed the application by 1MDB to obtain documents in the US$248 million suit against Hollywood film producer Riza Shahriz Abdul Aziz and two of his companies.

The High Court today set Aug 4 to deliver its decision on the application by 1MDB and three of its subsidiaries to obtain documents in the US$248 million suit against Riza Shahriz Abdul Aziz.

Riza Shahriz and his two companies have claimed to have obtained a loan from the Saudi royal family or IPIC and not from 1MDB funds to produce several films in the US.

The High Court here has ordered Riza Shahriz to file his statement of defence in response to a US$248 million suit.

The decision of the Sessions Court to discharge Riza Shahriz Abdul Aziz is good news for thieves in the country, said Tun Dr Mahathir.

Prime Minister Tan Sri Muhyiddin Yassin has stressed that he is not involved in Riza Shahriz Abdul Aziz's discharge not amounting to an acquittal relating to 1MDB money laundering charges.

Former Attorney-General Tan Sri Tommy Thomas today reiterated that he did not agree to the dropping of money laundering charges against Riza Shahriz Abdul Aziz.

The decision was made by the attorney general and implemented by the deputy public prosecutor who handled the case at the end of 2019.

The prosecution is requesting a new case management date to update on the outcome of the representation.

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